Oil prices stable but increasing US supply looms
Brent crude futures, the international benchmark for oil prices, were at $77.24 per barrel at 0317 GMT, a notch below their last close
Industries secretary lauds Indus Motor Company’s practices
KARACHI
“Indus Motor Company (IMC) sharing its experiences within and outside the company is encouraging, and we can move on the path of...
China offers to buy 5pc equity stake in Saudi Aramco
Beijing: China is offering to buy up to 5 percent of Saudi Aramco directly, sources said, a move that could give Saudi...
Nepra deprived of legal power in absence of two members
At present, Nepra has only two members from Balochistan and Punjab respectively in the five-member authority
Centre, provinces owe Rs42.4bn to DISCOs, Senate told
Minister says power generation companies have sustained a total loss of 79 million electricity units during the last two years
ISLAMABAD:Â Energy (Power...
General Electric to pay $57m for missing French job target: ministry
PARIS:Â General Electric is to pay 50 million euros ($57 million) for failing to meet a job creation target agreed when it took...
Tarbela 4th extension project to be commissioned in Feb: WAPDA Chairman
LAHORE: The long-awaited Tarbela 4th Extension Hydropower Project will be commissioned in February 2018 with its first unit going into operation, while...
Government striving to enhance exports : Secretary Commerce
LAHORE: Federal Secretary of Commerce Younus Dagha has said that high cost of doing business, issues of market access and exchange rate...
IP gas pipeline implementation to be reviewed in next financial year 2018-19
The 56-inch pipeline would start from the onshore gas processing facility at Assaluyeh in Iran to transverse a distance of 1,150km up to the Iran-Pakistan border
Inflation contained, strong growth in revenues due to increased spending: SBP
KARACHI: Pakistan’s economy is set to surpass last year’s growth rate, with a continued robust performance by agriculture and services in addition to...
Ahsan for private sector to capitalize business opportunities under CPEC
ISLAMABAD: Minister for Interior, Ahsan Iqbal on Tuesday said private sector must play the role of an engine of growth under China...
Oil plunges 1 percent amid Asian economic slowdown
Brent crude oil futures were at $78.16 per barrel at 0316 GMT, down $1.07, or 1.35 percent, from their last close
LSMI growth jumped 5.38 percent in FY18
The highest growth of 13.24 percent was witnessed in the indices monitored by Oil Companies Advisory Committee (OCAC) followed by 5.04 percent growth in the products monitored by Ministry of Industries and 1.17 percent growth in Provincial Bureaus of Statistics (PBOS)
Govt to reduce duty on solar batteries
LAHORE: The government is planning to reduce duties on lithium batteries to promote their usage in solar power plants, reported a private...
Govt exported 1.2 MMT sugar during 2016-17: Pervaiz Malik Â
ISLAMABAD: Minister for Commerce and Textile Muhammad Pervaiz Malik on Friday said that since the start of the crushing year 2016-17 up...